delete SCHEDULE 3 TO THE PRINCIPAL REGULATIONS AS SUBSTITUTED BY THESE REGULATIONS
Amends the National Health Service (Optical Charges and Payments) Regulations 1997 by updating monetary values: optical voucher face values, eligibility thresholds (£71.00→£72.20), redemption values for repair/replacement, and Schedule 2 prices for prisms, tints, photochromic lenses and special glasses. Extends to England only, with provisions effective 1st April and 9th April 2002.
This regulation perpetuates NHS voucher subsidies for optical appliances, a price-control mechanism that distorts the optical services market. Fixed voucher values suppress price competition between opticians, crowd out private market alternatives, and artificially maintain demand for NHS-subsidised services over private provision. The voucher system creates monopolistic dynamics by channelling patients through NHS-linked providers, restricting consumer choice and inhibiting the competitive pricing that would naturally emerge in a free market for corrective eyewear.